Why C3.ai, Inc. (AI) Crashed On Monday

We recently published a list of These 10 Stocks Already Sank in June. In this article, we are going to take a look at where C3.ai, Inc. (NYSE:AI) stands against other worst performers on Monday.

C3 AI dropped its share prices by 6.09 percent on Monday to end at $24.97 apiece as investor confidence was rattled by a series of sell positions triggered by four company executives.

In a regulatory filing, C3.ai, Inc. (NYSE:AI) said that its chief finance officer Lath Hitesh, two directors, and a vice president, sold a notable portion of their stakes in the company on May 29 and June 2.

Why C3.ai, Inc. (AI) Crashed On Monday

A computer engineer debugging a complex AI application on a powerful workstation.

Hitesh, for his part, disposed of 4,368 shares on May 29 at a price of $26.32 and $30, bringing his direct ownership in the company to just 250 shares.

Investors took the sell-offs negatively, especially given the lack of specific reason for the transaction.

In the fourth quarter of fiscal year 2025, C3.ai, Inc. (NYSE:AI) widened its net loss by 9 percent to $79.7 million from $72.9 million registered in the same period last year. Revenues increased by 25 percent to $108.7 million from $86.59 million.

Overall, AI ranks 5th on our list of worst performers on Monday. While we acknowledge the potential of AI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.